It was very interesting. Basically the view seems to be that prudent financial management is required after relegation from the Prem. But the desire to go back up inevitably overtakes as the prize is massive. The pressures increase as this is what fans want. It would seem that the number one objective should be to get costs under control before anything else is done, basically a consolidation period. Some clubs use parachute money to gamble on buying in players so that they can go straight back up. If this fails, then clubs get into financial trouble very quickly. There was discussion about the effects of the credit crunch and whether or not the talk of meltdown had been overplayed as no clubs had gone into admin (other than Darlington?). There was talk of the huge amounts of money going to prem clubs compared to Champs. How UK football had the most successful Champ in the world plus debate as to whether there was any need for so many clubs. Further bits about how yo yo clubs can't attract top players and then have to become selling clubs. Can't remember anything else that caught my ear.
Will have a listen on iPlayer on one condition. Can those who heard it please assure us that Pardew isn't in the programme as an ''expert'' talking head? Really couldn't bear that...
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Meltdown link